lease

Retail
Lidl Enters NYC With First Leased Store

Lidl has opened its first store in New York City, which is also the company’s first leased location in an existing building chainwide. The store is located in the borough of Staten Island.

Financials
Aaron’s Stays Steady In Q4

In the fourth quarter ended December 31, Aaron’s recorded net earnings of $21.6 million versus $21.7 million in the prior-year period with diluted earnings per share coming in at 30 cents in both instances.

Retail
Macy’s Sells Five Store Locations

Macy’s has sold five stores to General Growth Properties. The sale is part of the retailer’s previously-announced plan to drive profitable growth by reallocating investments to its highest growth potential stores and digital businesses, and to capitalize on opportunities within the company’s real estate portfolio.